CIT Bank offers an interest rate of 1.85% on money market accounts — more than 15x the national average. Just like with a checking or savings account, your money is FDIC secured, there are no monthly service fees, and you can access your funds any time. All you need is $100 to open an account and start earning more money on the cash you already have.
I’d much rather read articles from people who actually have the experience, rather than from a journalist who pontificates. I spent 13 years working in finance, got my MBA from Cal, and retired at 34 with a six figure passive income stream and a very healthy net worth. I’m sharing my experience and what I’ve observed. That’s it, and I don’t expect anybody take heed.
If you're not self-employed and work for a company, find out if they have a retirement plan. If you're lucky, employers will sometimes match contributions you make into a retirement fund. Retirement plans also often have the benefit of being tax-deferred. The longer you get to keep your money (and make interest on it) the better. It's never too early to start planning for retirement.
Starting a podcast, like making a YouTube channel or blog, comes down to telling interesting stories and building an engaged audience. I’m probably sounding like a broken record by now, but you need a niche that you’re interested in and there’s already a demand for. Come up with a list of topics you’d like to talk about and then search iTunes charts, Google Trends and other podcast research sites like cast.market to see what’s currently out there and popular.
Sell plasma. After passing an initial screening, you can usually sell your plasma for anywhere from $25 to $50 per donation. To qualify, you’ll have to stand in a long line or show up early, be willing to fill out a very personal questionnaire, and endure a painful needle prick or two. Still, selling plasma is a great way to raise money fast – if you can stand the hassle.
Whether you want to become your own boss, start a side hustle, or earn extra money on the side, any of the strategies listed above can help. By finding ways to increase your income, you can free up more cash to pay down debt, save for the future, or invest for retirement. Saving money is only half of the equation. And if you truly want to get ahead, you might want to figure out how to make money – and hopefully, lots of it.
Several websites offer money (after a minimum level of earning) by clicking on advertisements. Hence, they are called paid-to-click (PTC) sites. One has to get registered before the project begins. Not all of these sites could be genuine, so be careful. One may also refer friends and earn money in the process. Some such sites are ClixSense.com , BuxP and NeoBux are some of such PTC sites.
Consider selling in lots. A lot is a collection of similar items that is sold in a group. For example, if you have a collection of books, magazines or similar pieces of jewelry, consider selling them all at once in a lot. You many not make as much money as you would have if you sold each item separately. However, the items will likely sell more quickly in a lot than they would individually.
While you play, the app works in the background and transfers small sums from your checking account into a high-yield Blast savings account based on “triggers” you set — things like the number of opponents you defeat or enemy bases you destroy. You can earn extra cash by completing “missions” that allow you to test new games or take familiar games to the next level.
I suspect there’s a lot of selection bias in those numbers, ie who are you/Bloomberg asking (or who is willing to divulge what they make)? For example, Google/Facebook. Yes, some engineers at those companies are most certainly making 6-figure salaries, but the majority of those companies are not engineers and are definitely not making anywhere near that. As far as the millions in stock, that’s a total pipe dream. Sure, a few of the lucky (and super talented) engineers that got in on the ground floor may have a hefty amount of options, but the vast majority likely have much more modest amounts. Don’t get me wrong, they are both great companies to work for (I have had the opportunity to work for both at one time or another), but they’re not the millionaire-makers everyone paints them to be. :)